ROYAL_OAK_INC

BTC analysis for today & intraday, still ray of hope for Bitcoin

CME:BTC1!   Bitcoin CME Futures
Posted a lot today
Sorry, going to copy paste them all into this 1 post :D
Pls see profile for more info
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10:50am
$BTC holding & still trading in range
#BTC Shorts not existing = Fuel IF more down

Volume not heavy, some sells but buys kind of there
Good

#bitcoin is @ 1Hr long term moving avg support
It needs to make stand soon

Otherwise, bear market over assessment = WRONG

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1:50pm
Back for few minutes, day is done

$BTC area VERY IMPORTANT

#BTC volume not heavy but longs seem 2b taking some profits here, sells match long volume from last week

#bitcoin 1Hr shows extreme oversold
4Hr beginning 2b oversold

#crypto weak but so are #stocks
NEED FAST CHANGE

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1:59pm
Keep in mind $BTC is STILL in BULL FLAG!

#BTC 20 Green Moving Avg below, 1st arrow
Support sub 23k (larger arrow most important atm)
#bitcoin trendline & support, 3rd arrow

1 thing lacking = RSI downtrend MUST be broken
That +break of neckline with VOLUME = bear DEAD

#crypto

-

Now
$DJI What do you see?
IMO RISK REWARD entry point good here if we close above the dotted line

$NDX doesn't look as good

More POVs for $BTC
#BTC Up & Sideways Channels = both good 4 bulls
#crypto

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